Cheap Apartments for Rent in the Old City Neighborhood of Knoxville, TN from $700 (37 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Old City area of Knoxville.

Knoxville's Best Affordable Neighborhoods

Learn about Knoxville and the best places to live with original content written by our Local Expert Wendy Melton

Read Article
close
View Me
1309 Forest Ave
2 Bedroom Apartments

1309 Forest Ave

1309 Forest AveKnoxville, TN 37916
close
View Me
Hillwood Villas
1 to 2 Bedroom Apartments

Hillwood Villas

1642 Hillwood DrKnoxville, TN 37920
  • Utilities Included
close
View Me
316 James Agee St
2 Bedroom Apartments

316 James Agee St

316 James Agee StKnoxville, TN 37916
close
View Me
The Flats at The Pike
1 to 2 Bedroom Apartments

The Flats at The Pike

1501 Washington PikeKnoxville, TN 37917
  • Utilities Included
close
View Me
Southside Flats
1 to 3 Bedroom Apartments

Southside Flats

2727 Fort Stanley wayKnoxville, TN 37920
  • Utilities Included
close
View Me
The Highland On Laurel
1 Bedroom Apartments

The Highland On Laurel

1533 Laurel AveKnoxville, TN 37916
Student Housing
  • Utilities Included
close
View Me
Highland Terrace IV
1 to 2 Bedroom Apartments

Highland Terrace IV

2329-2343 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included
close
View Me
116 S Gay St
Studio to 4 Bedroom Apartments

116 S Gay St

116 S Gay StKnoxville, TN 37902
  • Utilities Included
close
View Me
The Highland V
2 to 3 Bedroom Apartments

The Highland V

1523 Highland AveKnoxville, TN 37916
Student Housing
  • Utilities Included
close
View Me
Gardens at Knoxwood
2 to 3 Bedroom Apartments

Gardens at Knoxwood

2627 Wimpole AveKnoxville, TN 37914
  • Utilities Included
close
View Me
JFG Flats
Studio to 3 Bedroom Apartments

JFG Flats

200 W Jackson AveKnoxville, TN 37902
  • Utilities Included
Showing Results 1-37, Page 1 of 1

Old City, Knoxville, TN Local Guide

Cheapest Available Old City Apartments for Rent

 

The cheapest available apartment rental in the Old City area of Knoxville, TN is a 1 Bed unit found at Morningside Gardens Apartments priced from $935. Society 865 has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,029. Here are the most affordable Old City apartments for rent in Knoxville, TN:

Apartment ListingModel NameBed/BathPriced From
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$935
Society 8653SA - Sigma3BR,2BA$1,029
Commons at KnoxvilleC13BR,2BA$1,070
The DandridgeTwo Bedroom - One Bath2BR,1BA$1,100
The Standard at KnoxvillePeerless 3 - 4Br, 4Ba4BR,4BA$1,100
MaplehurstStudiosStudio,1BA$1,134
Siegel Select KnoxvilleStudioStudio,1BA$1,274
The AdeladeBodhi1BR,1BA$1,300
Gardens at Knoxwood2x12BR,1BA$1,304

Best Value Apartments for Rent in Old City, TN

As of April 12, 2025 the best value apartment in the Old City area is the $1.64 price per square foot 2x2.5 Model at Sutherland Loft Townhouses in the in the West Knoxville neighborhood starting from $2,300. The second greatest value Old City apartment is the D6 Model at Union Knoxville starting at $1,430 with a $1.17 price per square foot in the West Knoxville neighborhood. Here is today’s list of the best values for Old City apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Sutherland Loft Townhouses2x2.52BR,2.5BA$1.64
Union KnoxvilleD64BR,4BA$1.17
Highland Terrace CommunitiesHighland Terrace 2 Bed 2 Bath Small2BR,2BA$1.33
The HenleyThe Mod2BR,2BA$1.76
401 E Scott Ave, Unit 401-1401 E Scott Ave2BR,1BA$1.63
First Creek at Austin2 BR2BR,1BA$1.48
The DavyB22BR,2BA$1.81
The DandridgeTwo Bed OneBath - UPG2BR,1BA$1.58
Nova KnoxvilleFrisco A2BR,2BA$1.69
Morningside Gardens Apartments1 Bedroom 1 Bathroom1BR,1BA$1.71

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Old City, Knoxville, TN

Ranked #7

Among neighborhoods in Knoxville, TN for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities, and rental properties across Tennessee and customized analysis for Knoxville, Tennessee. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Old City Neighborhood in Knoxville, TN

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

70 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

60 / 100

Good Transit

Many nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Old City Apartments

What is a cheap apartment in Old City?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Old City is under $1,304.

What is the price of a cheap apartment in Old City?

The cheapest apartment in Old City is Morningside Gardens Apartments which is listed at $935, while the average apartment in Old City costs $2,031.

What types of apartments are the cheapest in Old City?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 110 regular apartments in Old City that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Old City?

Cheap apartments in Old City have an average cost of $1,178 which is $853 cheaper than the average rent for all rentals in Old City.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN article

An Expert Local Guide to Top Affordable Neighborhoods to Rent in Knoxville, TN

Written by: Wendy Melton

Knoxville is considered to be a jewel of the south. It is the largest city in the eastern half of Tennessee and home to the main campus of the University of Tennessee.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.